U.S. Department of Commerce

Residential Finance Survey

Skip top of page navigation
You are here: Census.govPeople and HouseholdsResidential Finance Survey MainData › ›

Residential Finance Survey: 2001 - United States
Table 2-11. Value, 1-Unit Homeowner Nonmortgaged Properties
^Number of nonmortgaged properties in thousands.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text^^

Value
Total Less
than
$20,000
$20,000
to
$39,999
$40,000
to
$59,999
$60,000
to
$79,999
$80,000
to
$99,999
$100,000
to
$124,999
$125,000
to
$149,999
$150,000
to
$174,999
$175,000
to
$199,999
$200,000
to
$249,999
$250,000
to
$299,999
$300,000
to
$499,999
$500,000
or more
Median
(dollars)

1-housing-unit nonmortgaged
properties
18992 1197 1855 2220 2517 2130 2025 1360 1256 737 1055 872 1243 526 96038

PROPERTY CHARACTERISTICS


Source of Downpayment@1

Properties purchased
1995 to 2001 (part)
2788 153 248 205 313 236 296 268 205 172 195 137 241 118 120198
Sale of previous home 1150 31 57 48 95 91 137 129 121 95 104 59 144 39 147435
Sale of other real property or other
investments
218 0 9 6 32 18 17 22 14 20 7 11 33 29 159690
Savings 1069 69 117 75 109 75 97 93 76 71 63 76 81 68 123330
Borrowing from a retirement plan 31 0 6 1 0 8 3 0 6 0 0 0 4 3 108081
Borrowing using assets other than this
property as collateral
49 0 4 0 4 7 18 5 0 0 6 5 0 0 112643
Proceeds from an insurance policy 33 0 5 0 6 0 4 9 0 0 9 0 0 0 130073
Payments in a lease-purchase agreement 34 3 10 4 4 4 0 0 0 4 5 0 0 0 58837
From a state or local government source 12 0 0 9 4 0 0 0 0 0 0 0 0 0 54252
From a non-profit organization 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
From parents or relatives 122 15 9 9 4 7 16 16 15 0 2 13 12 4 126111
Other 12 0 0 0 0 0 3 0 0 0 0 4 0 4 281198
No downpayment required 334 39 26 43 45 26 51 23 12 13 26 3 10 16 91007
Not reported 158 4 15 17 31 24 5 14 8 7 4 9 20 0 90277
Other properties 16112 1044 1593 2008 2196 1874 1723 1086 1046 565 860 720 997 398 92967
Not reported 92 0 13 7 8 20 6 5 4 0 0 14 6 9 97663

Year Structure Built

1999 to March 2000
328 25 50 35 17 11 29 40 18 16 20 13 30 25 122448
1997 and 1998 351 7 23 27 26 28 24 19 48 30 38 15 51 15 161066
1995 and 1996 331 10 16 23 23 36 28 32 35 25 26 40 26 12 148654
1990 to 1994 904 32 19 51 73 69 150 96 108 40 76 46 112 31 139760
1980 to 1989 1916 75 86 122 225 196 218 164 179 107 139 133 205 67 130542
1970 to 1979 3081 103 237 287 411 388 423 256 250 156 174 147 203 47 106820
1960 to 1969 3438 211 340 293 470 457 464 275 194 99 212 136 190 97 97730
1950 to 1959 3680 196 376 491 578 457 353 211 237 107 199 180 203 93 88701
1940 to 1949 1708 184 215 294 274 158 106 125 61 46 51 74 67 55 71796
1939 or earlier 3255 355 492 596 420 331 231 142 125 112 121 88 157 83 68755

Purchase Price as Percent of Value@8

Acquired by purchase
16601 981 1556 1847 2127 1876 1842 1218 1150 666 961 784 1114 478 99073
Purchased 1997 to 2001 (part) 2001 128 166 135 224 184 208 185 129 124 141 99 183 95 119731
Less than 60 percent 500 13 58 57 62 51 33 38 24 29 33 21 46 35 106556
60 to 69 percent 270 33 41 22 18 15 22 31 14 7 20 17 28 4 108176
70 to 79 percent 167 12 10 21 16 8 5 5 14 17 19 8 16 17 162371
80 to 99 percent 733 29 14 20 95 77 103 89 54 61 52 34 64 40 132754
100 percent or more 322 36 43 14 33 32 42 22 22 11 17 19 29 0 100795
Median 82 83 66 65 83 85 88 84 84 83 79 82 80 75 ...
Purchased 1990 to 1996 (part) 2341 77 175 189 296 204 293 217 248 113 143 138 178 70 119536
Less than 40 percent 310 7 28 28 27 42 37 23 20 13 11 19 38 15 114968
40 to 59 percent 454 4 47 35 74 39 34 21 66 30 28 30 26 21 121327
60 to 79 percent 791 36 72 54 113 61 106 76 62 25 63 58 46 20 114299
80 to 99 percent 628 17 19 57 61 38 101 77 88 36 37 26 68 4 131992
100 percent or more 142 13 9 13 12 21 16 19 11 9 5 5 0 10 106183
Median 70 75 64 71 67 66 75 77 72 71 71 67 71 59 ...
Purchased 1989 or earlier 12258 776 1216 1523 1607 1488 1341 816 773 429 677 548 752 313 93542
Less than 20 percent 3668 10 151 315 458 459 472 299 327 131 271 250 376 149 123342
20 to 39 percent 2809 47 241 392 451 381 385 169 172 95 134 110 165 66 94347
40 to 59 percent 2450 53 227 340 345 343 277 154 150 103 160 119 120 59 95148
60 to 79 percent 2525 588 507 311 236 245 136 116 102 73 83 44 52 32 50764
80 to 99 percent 477 18 36 96 72 31 48 59 19 17 24 18 36 4 90941
100 percent or more 300 61 50 61 42 21 22 20 4 10 4 4 0 3 53004
Median 37 69 59 43 35 35 30 33 27 38 30 24 20 22 ...
Not acquired by purchase 2391 216 298 372 390 254 183 142 106 71 94 87 130 48 75850

Age Restrictions

Property located in subdivision
restricted to people age 55 or older
532 16 46 31 82 63 64 59 45 23 30 50 19 4 110739
Property located in subdivision not
restricted to people age 55 or older
16964 955 1622 1978 2247 1889 1829 1216 1139 690 998 748 1161 494 97803
Not reported 1496 226 187 212 187 178 132 85 71 25 27 74 63 28 73211

Neighborhood Composition

Property located in subdivision or
neighborhood occupied predominantly by
people age 55 or older
2653 147 262 333 381 310 332 131 164 113 145 105 161 71 93187
Property located in subdivision or
neighborhood not occupied predominantly
by people age 55 or older
9994 513 885 1144 1345 1073 1076 793 719 396 591 451 723 286 100874
Don't know or not reported 6344 537 708 744 790 747 617 436 373 228 320 316 360 169 90524

OWNER CHARACTERISTICS


Age of Owner

Under 25
54 0 27 16 0 4 4 0 4 0 0 0 0 0 40675
25 to 34 234 16 35 24 28 29 26 4 6 3 18 16 26 5 89999
35 to 44 950 73 89 169 103 102 96 69 51 33 35 52 47 31 88063
45 to 54 2296 157 206 246 287 239 219 169 148 117 137 118 167 86 101455
55 to 64 3609 165 314 335 452 373 427 298 274 182 244 155 255 135 109674
65 to 74 4866 262 445 504 647 604 607 322 340 172 298 231 327 107 99024
75 and over 5336 336 515 702 773 634 491 374 355 196 276 220 340 122 90760
Not reported 1647 187 224 225 225 146 156 124 79 34 47 79 81 40 76685
Median 68 69 68 69 69 69 68 67 68 66 67 67 68 64 ...

Race of Owner

White alone
17161 1005 1526 1910 2235 1949 1887 1255 1203 708 1008 827 1157 492 99543
Black or African American alone 1395 175 310 263 221 106 99 77 22 26 15 32 32 17 56162
American Indian or Alaska Native alone 98 11 4 15 16 37 7 0 0 0 4 0 3 0 81107
Asian alone 246 0 8 21 30 27 20 28 21 4 17 9 43 17 139976
Native Hawaiian or Other Pacific
Islander alone
15 0 0 0 4 3 0 0 5 0 4 0 0 0 153332
Two or more races 77 5 7 11 10 8 11 0 5 0 8 4 7 0 93060

Sex of Owner

Male/Male and female co-owners
12736 735 1067 1326 1693 1342 1432 920 955 528 779 646 929 383 103569
Female 6256 461 788 894 824 789 593 439 301 210 276 225 314 142 84112

Hispanic/Latino Origin

Hispanic/Latino owner(s) only
1093 92 192 193 152 117 74 51 57 23 47 36 47 12 69081
No Hispanic/Latino owner(s) 17899 1105 1662 2026 2364 2014 1951 1309 1199 714 1009 835 1196 514 97793

Income

Less than $5,000
2649 214 227 419 415 243 293 168 125 109 140 113 103 80 84039
$5,000 to $9,999 1027 161 185 213 181 111 45 22 28 29 14 12 16 9 55620
$10,000 to $14,999 1518 141 297 225 205 197 151 71 81 24 21 23 62 20 69405
$15,000 to $19,999 1346 169 260 165 212 170 123 64 61 30 31 24 30 8 67543
$20,000 to $24,999 1498 97 180 219 240 199 157 98 77 54 54 43 49 31 81313
$25,000 to $29,999 1269 75 119 143 197 165 174 121 80 57 57 51 22 8 92275
$30,000 to $34,999 1287 72 119 167 231 135 115 92 102 37 73 53 82 9 88035
$35,000 to $39,999 1032 58 83 121 152 151 130 76 90 28 52 37 43 11 93490
$40,000 to $49,999 1774 80 142 210 254 204 251 149 139 59 78 72 110 26 99704
$50,000 to $59,999 1278 34 79 123 131 177 154 111 105 82 70 100 99 12 115478
$60,000 to $79,999 1649 59 108 99 170 200 203 152 130 67 151 94 183 33 123220
$80,000 to $99,999 873 11 16 54 58 86 98 85 91 55 119 69 113 18 157764
$100,000 to $119,999 598 9 16 17 46 47 56 77 61 41 60 45 78 44 162449
$120,000 or more 1194 19 24 45 24 46 73 71 86 65 135 136 253 217 253065
Median 30735 17438 19192 22001 25147 29413 32973 37811 39106 40300 51028 50814 60531 97267 ...
Mean 46781 24248 27402 28956 31730 37986 42044 53110 50927 52607 65140 65627 92408 157161 212022

Owned Home Previously

Previously owned home
10176 344 617 947 1242 1116 1142 885 798 527 703 522 929 404 117976
Never owned home before 7462 658 1042 1080 1092 869 759 405 402 176 332 291 262 93 77426
Not reported 1353 194 196 192 182 144 124 70 56 34 20 58 52 29 70302

RECURRING EXPENSES


Real Estate Tax

Acquired before 2000
18038 1122 1717 2140 2411 2055 1939 1299 1213 676 961 831 1172 500 95853
Less than $100 3873 568 608 585 533 419 336 198 179 48 115 95 144 45 66573
$100 to $199 514 135 141 99 61 42 24 0 4 0 9 0 0 0 37350
$200 to $299 614 95 137 127 123 64 38 10 3 0 6 5 0 6 51757
$300 to $399 678 126 95 145 141 42 46 34 18 7 3 11 4 5 56267
$400 to $499 732 93 110 154 134 55 69 19 48 4 25 17 4 0 61355
$500 to $599 777 44 112 155 152 97 74 48 45 10 24 5 13 0 70272
$600 to $699 777 0 140 165 196 74 73 21 13 12 33 20 25 3 68450
$700 to $799 724 0 77 117 152 157 70 36 26 19 16 21 23 8 81895
$800 to $899 705 0 90 78 119 139 110 50 23 26 25 18 16 10 89343
$900 to $999 510 0 76 83 72 96 76 29 17 23 11 14 12 0 85040
$1,000 to $1,249 1382 0 78 120 280 280 195 100 103 60 36 51 66 13 95134
$1,250 to $1,499 837 0 0 83 99 118 177 122 84 67 31 14 34 7 116753
$1,500 to $1,999 1423 0 0 109 166 198 181 212 168 75 104 58 94 60 131918
$2,000 to $2,499 1195 0 4 0 95 139 168 144 172 86 174 84 116 13 156838
$2,500 or more 2463 0 5 3 11 57 182 194 271 185 315 362 575 302 251091
Not reported 834 62 42 117 77 77 120 81 40 55 34 56 45 27 108701
Median 788 93 264 436 612 828 991 1381 1571 1732 2074 2344 2043035 21792937 ...
Mean 1266 146 365 497 708 876 1112 1398 1705 1952 2047 2378 2896 5659 251324
Acquired 2000 and 2001 (part) 954 75 138 80 105 76 86 61 42 61 94 40 71 25 101168

Real Estate Tax Per $1,000 Value

Acquired before 2000
18038 1122 1717 2140 2411 2055 1939 1299 1213 676 961 831 1172 500 95853
Less than $5 5510 526 642 723 748 575 499 305 318 105 260 231 366 210 84037
$5 to $9 3539 38 216 318 503 431 443 249 249 224 181 178 379 130 114901
$10 to $14 3392 22 169 380 480 467 383 321 276 125 298 211 176 82 111560
$15 to $19 1847 51 138 243 248 258 197 184 137 81 102 81 102 28 98906
$20 to $24 1232 49 166 138 159 123 147 97 85 58 46 51 90 23 96803
$25 to $29 555 46 100 51 88 67 53 47 37 17 23 23 4 0 78203
$30 to $39 1092 328 224 166 99 57 96 15 66 11 18 0 11 0 39432
$40 to $49 11 0 5 0 0 0 0 0 5 0 0 0 0 0 39247
$50 to $59 10 0 7 3 0 0 0 0 0 0 0 0 0 0 34986
$60 or more 16 0 8 0 8 0 0 0 0 0 0 0 0 0 39191
Not reported or not computed 834 62 42 117 77 77 120 81 40 55 34 56 45 27 108701
Median 9 6 10 10 9 10 10 11 10 10 10 9 8 6 ...
Acquired 2000 and 2001 (part) 954 75 138 80 105 76 86 61 42 61 94 40 71 25 101168

Source: U.S. Census Bureau | Residential Finance Survey |  Last Revised: 2012-08-02T15:15:13.203-04:00